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Nuxeo Research Highlights the industry’s most pressing challenges, which many say leave their organisation vulnerable to losing customers

LONDON, December 10, 2019 - Six in 10 UK Financial Services (FS) workers fear the aftermath of Brexit will be the single biggest challenge the sector has to face over the next 12 months, according to new research from Content Services firm Nuxeo published today.

Other top 2020 FS industry challenges that emerged from the study included: cybersecurity threats and information or data breaches (36%); physical branches closing down (26%); the burden of increasing regulation (24%); competition from Big Tech firms potentially moving into FS (21%), and competition from new challenger banks (20%).

59% of FS workers in the study felt that these challenges left their organisation vulnerable...

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